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Bankrupt developer TOUSA has won court approval for a restructuring plan that allows the company to keep paying its employees, selling houses and honoring home warranties. TOUSA, the parent company of Engle Homes, filed for Chapter 11 bankruptcy protection Jan. 29. It reported assets of $2.28 billion and debts of about $1.77 billion. The new agreement allows the company to borrow $135 million from Citigroup Global Markets Inc. to pay normal operating expenses. The terms of the agreement allow TOUSA and its subsidiaries to continue building homes, pay off liens and sell the houses free and clear. Home warranties also will be honored. TOUSA subsidiary Engle Homes is the primary developer of Live Oak Preserve, The Hammocks and Tampa Bay Golf & Country Club. ...more
February 7, 2008
School district officials hope a new career academy that offers Wiregrass Ranch High students certification in information technology will become a model for other schools in Pasco County. ...more
February 2, 2008
Live Oak Preserve developer TOUSA on Tuesday joined a growing list of South Florida homebuilders to file for Chapter 11 restructuring. ...more
January 30, 2008
The Rotary Club of New Tampa and New Tampa Noon Rotary will partner to sponsor the fifth annual New Tampa Pig Roast to benefit local charities. ...more
January 26, 2008
TAMPA - At least one prominent economist isn't predicting a recession for Florida or the nation this year. ...more
January 23, 2008
A year ago, all the news from Iraq and Afghanistan was "gloom and doom," U.S. Sen. Mel Martinez said Wednesday. ...more
January 17, 2008
The Gasparilla season is gearing up, with krewes planning parties, buying beads and checking their costumes in preparation for the Jan. 26 parade. ...more
January 12, 2008
Its sense of community, its proximity to the Hillsborough River, its major university and its wide range of activities that appeal to all ages draw a diverse population to the Temple Terrace area. ...more
January 10, 2008
TEMPLE TERRACE Its sense of community, its proximity to the Hillsborough River, its major university and its wide range of activities that appeal to all ages draw a diverse population to the Temple Terrace area. There is another factor that helps define the community's quality of life – its businesses, according to Cheri Donohue, executive director of the Greater Temple Terrace Chamber of Commerce. ...more
January 8, 2008
It is North Port's version of "The Thomas Crown Affair," but here the thief wears a Heron Creek polo shirt and khaki shorts. ...more
January 6, 2008
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